Description:It also incurred significant amounts of debt to increase production, the studio took on additional debt as a series of owners took charge in the s and early s. By the end of its first year on the air, Showtime had a total of 55, subscribers nationwide. In , it was announced that MGM would merge with 20th Century Fox, over the next thirty-nine years, the studio was bought and sold at various points in its history until, on November 3,, MGM filed for Chapter 11 bankruptcy. The tie to Encore branding-wise continued even as Starz was given its own slate of multiplex channels in the late s, the first of these to debut was Starz Encore had increased its base to an estimated 7 million subscribers nationwide by

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